--- title: "Fifth Third Bancorp Pref Share FITBO 4.95 Perp 09/30/24 K | 10-Q: FY2025 Q3 Revenue: USD 2.301 B" type: "News" locale: "en" url: "https://longbridge.com/en/news/264293362.md" datetime: "2025-11-04T21:58:12.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/264293362.md) - [en](https://longbridge.com/en/news/264293362.md) - [zh-HK](https://longbridge.com/zh-HK/news/264293362.md) --- # Fifth Third Bancorp Pref Share FITBO 4.95 Perp 09/30/24 K | 10-Q: FY2025 Q3 Revenue: USD 2.301 B Revenue: As of FY2025 Q3, the actual value is USD 2.301 B. EPS: As of FY2025 Q3, the actual value is USD 0.91. EBIT: As of FY2025 Q3, the actual value is USD -683 M. ### Commercial Banking - **Net Interest Income (FTE)**: $594 million for Q3 2025, down from $648 million in Q3 2024. $1.742 billion for the nine months ended September 30, 2025, down from $1.946 billion in the same period in 2024. - **Provision for Credit Losses**: $246 million for Q3 2025, up from $76 million in Q3 2024. $405 million for the nine months ended September 30, 2025, up from $284 million in the same period in 2024. - **Noninterest Income**: $357 million for Q3 2025, up from $354 million in Q3 2024. $977 million for the nine months ended September 30, 2025, down from $996 million in the same period in 2024. - **Noninterest Expense**: $454 million for Q3 2025, down from $460 million in Q3 2024. $1.418 billion for the nine months ended September 30, 2025, up from $1.394 billion in the same period in 2024. - **Income Before Income Taxes (FTE)**: $251 million for Q3 2025, down from $466 million in Q3 2024. $896 million for the nine months ended September 30, 2025, down from $1.264 billion in the same period in 2024. ### Consumer and Small Business Banking - **Net Interest Income**: $1.082 billion for Q3 2025, up from $1.056 billion in Q3 2024. $3.141 billion for the nine months ended September 30, 2025, down from $3.287 billion in the same period in 2024. - **Provision for Credit Losses**: $73 million for Q3 2025, down from $78 million in Q3 2024. $241 million for the nine months ended September 30, 2025, up from $232 million in the same period in 2024. - **Noninterest Income**: $309 million for Q3 2025, up from $283 million in Q3 2024. $884 million for the nine months ended September 30, 2025, up from $818 million in the same period in 2024. - **Noninterest Expense**: $653 million for Q3 2025, up from $614 million in Q3 2024. $1.948 billion for the nine months ended September 30, 2025, up from $1.902 billion in the same period in 2024. - **Income Before Income Taxes**: $665 million for Q3 2025, up from $647 million in Q3 2024. $1.836 billion for the nine months ended September 30, 2025, down from $1.980 billion in the same period in 2024. ### Wealth and Asset Management - **Net Interest Income**: $55 million for Q3 2025, up from $50 million in Q3 2024. $161 million for the nine months ended September 30, 2025, down from $162 million in the same period in 2024. - **Noninterest Income**: $109 million for Q3 2025, up from $99 million in Q3 2024. $320 million for the nine months ended September 30, 2025, up from $302 million in the same period in 2024. - **Noninterest Expense**: $93 million for Q3 2025, down from $95 million in Q3 2024. $296 million for the nine months ended September 30, 2025, up from $292 million in the same period in 2024. - **Income Before Income Taxes**: $71 million for Q3 2025, up from $54 million in Q3 2024. $187 million for the nine months ended September 30, 2025, up from $172 million in the same period in 2024. ### General Corporate and Other - **Net Interest Income (FTE)**: Increased by $121 million for Q3 2025 and by $609 million for the nine months ended September 30, 2025 compared to the same periods in the prior year. - **Benefit from Credit Losses**: $122 million for Q3 2025 and $100 million for the nine months ended September 30, 2025, compared to a provision for credit losses of $6 million and a benefit from credit losses of $165 million for the same periods in the prior year. - **Noninterest Income**: Increased by $31 million for Q3 2025 and by $51 million for the nine months ended September 30, 2025 compared to the same periods in the prior year. - **Noninterest Expense**: Decreased by $8 million for Q3 2025 and by $46 million for the nine months ended September 30, 2025 compared to the same periods in the prior year. ### Future Outlook and Strategy - **Pending Acquisition**: On October 5, 2025, Fifth Third Bancorp and Comerica Incorporated entered into a definitive merger agreement. The merger is expected to close at the end of the first quarter of 2026. - **Redemption of Preferred Stock**: On September 30, 2025, the Bancorp redeemed all 14,000 outstanding shares of its 4.500% fixed-rate reset non-cumulative perpetual preferred stock, Series L. - **Share Repurchase Activity**: During the nine months ended September 30, 2025, the Bancorp entered into and settled accelerated share repurchase transactions in the amount of $525 million. - **Senior Notes Offerings**: On January 28, 2025, the Bank issued and sold $700 million of fixed-rate/floating-rate senior notes and $300 million of floating-rate senior notes due on January 28, 2028. ### Related Stocks - [FITBO.US](https://longbridge.com/en/quote/FITBO.US.md) - [FITB.PRK.US](https://longbridge.com/en/quote/FITB.PRK.US.md)